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Index Trend Analysis Report
Prepared for you on Sunday, October 1, 2023.
S&P China A 50 Index (CNY) (CME:SPC50)
Strong Downtrend (-100) - SPC50 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPC50 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPC50?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPC50.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPC50
The long-term trend has been DOWN since May 24th, 2023 at 3395.69
The intermediate-term trend has been DOWN since Sep 21st, 2023 at 3311.71
The short-term trend has been DOWN since Sep 28th, 2023 at 3323.13
Smart Scan Analysis for SPC50
Based on our trend formula, SPC50 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3316.58 | 3317.56 | 3305.02 | 3308.88 | -19.85 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3308.88 | 0 | 2023-09-28 04:00:17 |
| 52wk High | 3873.27 | 52wk High Date | 2018-01-24 |
| 52wk Low | 2781.22 | 52wk Low Date | 2018-10-19 |